Press release
Canned Sardines Market to See Huge Growth by 2030: Bumble Bee Foods, Golden Prize Canning, Wild Planet Foods
Canned Sardines Market
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Summary
What is Canned Sardines Market?
Canned sardine is packed sardine fish in a tin can with water, oil, or tomato sauce. Sardine is a small and oily fish that is widely consumed in the European and Asian countries for immediate consumption and in the food industry. It contains a high amount of minerals, vitamins, and is rich in omega 3 fatty acids and very low contaminants compared to other fishes. Boneless or skinless canned sardine is widely used in salads, wraps, and other Asian cousins. The use of sardines in the countries like Portugal, Greece, etc. due to the summertime tradition of eating sardines will create significant opportunities for canned sardines in the summer months.
Attributes Details
Study Period 2017-2027
Base Year 2021
Unit Value (USD Million)
Key Companies Profiled Golden Prize Canning Co., Ltd. (Thailand), Oceans Secret (India), Tropical Food Manufacturing (Ningbo) Co., Ltd. (China), Ongreen Thailand (Thailand), Tasty Nibbles (India), Indofish (India), Hook Catch (India), Frinsa del Noroeste (Spain), Thai Union Group PCL (Thailand), Bumble Bee Foods, LLC. (United States), Matiz España (Spain), Century Pacific Food Inc. (Philippines) and Wild Planet Foods (United States)
The market study is being classified by Type (Frozen and Dry), by Application (Household and Commercial) and major geographies with country level break-up.
Golden Prize Canning Co., Ltd. (Thailand), Oceans Secret (India), Tropical Food Manufacturing (Ningbo) Co., Ltd. (China), Ongreen Thailand (Thailand), Tasty Nibbles (India), Indofish (India), Hook Catch (India), Frinsa del Noroeste (Spain), Thai Union Group PCL (Thailand), Bumble Bee Foods, LLC. (United States), Matiz España (Spain), Century Pacific Food Inc. (Philippines) and Wild Planet Foods (United States) are some of the key players profiled in the study.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new product launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Segment Analysis
Analyst at HTF MI have segmented the market study of Global Canned Sardines market by Type, Application and Region.
On the basis of geography, the market of Canned Sardines has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
Upsurge in the Demand for Canned Sardines as It is Easy to Carry During the Travelling
Use of Canned Sardine Packed with Tomato Sauce Due to Its Heart Health Benefits and Good Taste
Market Trend
Consumer Preference Towards the Fillets of Sardines Packed with Oil or Tomato Sauce
Restraints
Allergies Related to Sea Food and Volatile Prices due to Supply Issues and Declination in Sardine Production
High Fat and Calories in Canned Olive Oil Sardines May Limit the Adoption
Opportunities
Growing Popularity of Sardines During Summer Months Due to Summertime Tradition in Various Countries
High Consumption of Sardines in the Asian and European Countries
Challenges
Less Adoption of Sardines Among the Among the People with Kidney Stone Diseases May Create Challenges for Market in Western World
Market Leaders and some development strategies
In June 2021, Mutandis signed an agreement with RAB Food to acquire canned sardine company Season Brand LLC. Season Brand is a leading provider of premium canned sardine in the US. The acquisition will give access to mutandis to main US retailers and groceries and offer Season Brand's products to Moroccan producers.
In January 2022, Philippines-based Century Pacific Food, Inc. acquired Ligo, a brand of local sardine and other marine products. Ligo is a popular sardine brand in the Philippines that has operation for more than 60 years and is highly preferred by consumers across the country due to its accessible protein and calcium. The acquisition of Ligo will strengthen Century Pacific's portfolio and allow it to offer affordable nutrition to its customers.
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Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Canned Sardines Manufacturers, Canned Sardines Suppliers and Distributors, Fishery Industry, Venture Capitalists and Private Equity Firms, Government Bodies and Others
Frequently Asked Questions (FAQ):
1. Which factors would majorly drive the Canned Sardines Market?
"Upsurge in the Demand for Canned Sardines as It is Easy to Carry During the Travelling " is seen as one of major growth factors of Canned Sardines Market in years to come.
2. Can we have customized study for Canned Sardines Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. Which region will lead the Global Canned Sardines Market?
will lead Canned Sardines Market in coming years.
View Detailed Table of Content @ https://www.htfmarketreport.com/reports/4151033-global-canned-sardines-market-7
Strategic Points Covered in Table of Content of Global Canned Sardines Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2027 Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Global Canned Sardines Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2027market. (Introduction, Scope of the Report)Chapter 2: Exclusive Summary - the basic information of the Global Canned Sardines Market Insights by Application, Product Type, Competitive Landscape & Re
....Continued
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About Author:
HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the "Accurate Forecast" in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their "Goals & Objectives".
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